After completing its last trading session, ACM Research, Inc. (NASDAQ:ACMR) dropped by -1.5% – here is what that looked like (as of 2019-12-26):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.021, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.436, an Accumulation/Distribution Index (ADI) of 0.436, an On-Balance Volume (OBV) of 216.902, and a Chaiikin Money Flow (CMF) of -19.62. 9.8
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
So there you have it – our analysis of ACM Research, Inc. (NASDAQ:ACMR). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.